If Israel keeps on slaughtering innocent Palestinians, this will have a sequel:
The ARAB OIL EMBARGO, which lasted until March 18, 1974. To support the Arab cause in the October War, the Arab oil states (OAPEC), led by Saudi Arabia, scaled back production and refused to export oil to the U.S.
The boycott was highly disruptive to the industrial economies. By the end of 1973, oil prices had risen from $3.00 to $11.65 per barrel, peaking in the mid-1970s at around $40 per barrel. The greatest political effect of the boycott was to make European countries more sympathetic to the Arab side of the Arab-Israeli dispute.
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